REI Lense

REI Lense

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$962 (target)

2413 Belgrade Court, Augusta, GA 30906

3 beds • 2 baths • 1200 sqft

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This property looks like a bad Long-Term investment with a projected -15.27% first-year return on $47,229 initial cash invested.

-15.27%

Cash On Cash

3.59%

Cap Rate

0.55

DSCR

$962

Rent

-$601

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$962 income − $1,563 expenses = $601 out of pocket

Income$962Out of Pocket$601Mortgage P&I$1,225127%Property Taxes$91%Insurance$798%Management$9610%CapEx$485%Vacancy$586%Maintenance$485%

Investment Breakdown

|

Purchase Price

$225k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,229

Downpayment

20%

$44,980

Closing costs

1%

$2,249

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$962

Total Expenses

$1,563

Mortgage P&I

127%

$1,225

Property Taxes

1%

$9

Home Insurance

8%

$79

HOA

0%

$0

Property Management

10%

$96

CapEx

5%

$48

Vacancy

6%

$58

Maintenance

5%

$48

Other

0%

$0

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